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The Economic Times US election: No long-term impact on Indian stock markets, say experts

India is a strong economy -- on its way to becoming the third-largest one in the world -- and the US election results may affect foreign inflows in the short term but it will not have any long-term impact for the country's benchmark indices, industry and market experts said on Tuesday.

The Economic Times Donald Trump winning: What it would mean for US economy and rest of the world

US elections 2024: With Donald Trump all set to become the next President of the US, all eyes are on economy. Trump has promised tax cuts and imposing tariffs if he wins. The election would shape the nation's economic policies, global alliances, and immigration reform. Trump has promised economic changes and make housing affordable in America.

The Economic Times Trump card for D-St: The good, bad & ugly for Indian stock market

The US presidential election's outcome will significantly impact Indian stock markets. While a Trump win could boost exports and industry, it also risks inflation and trade tensions. Conversely, a Harris victory is predicted to have a more neutral effect on the Indian economy.

The Economic Times Stress building again six years after India’s shadow-banking sector blew up

India's shadow-banking sector is showing signs of stress six years after its last crisis. Major lenders like Bajaj Finance and Shriram Finance reported increased delinquencies on unsecured loans, leading to higher provisions and lower profits. The Reserve Bank of India has expressed concern over the 'growth-at-any-cost approach' of some lenders and has already taken action against a few.

The Economic Times India’s Services PMI rises to 58.5 in October, job creation sees improvement

India’s Services PMI rose to 58.5 in October, at the back of robust growth in output, demand, and job creation, according to S&P Global. Higher costs from rising wages and food prices led to increased selling charges. Strong sales and export demand contributed to the upturn, with Finance and Insurance showing the strongest growth once again.

The Economic Times US will be more isolationist whoever wins election, India foreign minister says

US will be more isolationist whoever wins election, India foreign minister says

The Economic Times Hinduja Group needs DPIIT nod, too, for Reliance Capital buy

The Hinduja Group got approval from the Reserve Bank of India to buy Reliance Capital. The deal still needs a green light from the Department for Promotion of Industry and Internal Trade. The Hinduja Group secured funding for the acquisition. The group raised ₹3,000 crore by issuing debentures and planned to raise another ₹4,300 crore.

The Economic Times Fundraise through commercial papers falls after RBI warning

Market borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, likely due to non-banking finance companies slowing down activities with the central bank raising concerns about certain business practices.

The Economic Times Around 78% of startups offer ESOPs in 2024, a rise from 59% in 2021: Survey

According to a survey conducted by Saison Capital, XA Network, and Carta, employee stock option plans (ESOPs) are gaining traction among startups, with 78% providing them in 2024, a rise from 59% in 2021. The survey further revealed that 90% of founders now discuss these options during interviews. However, many founders still lack a deep understanding of ESOPs' complexities.

The Economic Times Shriram General Insurance plans to re-enter crop insurance biz

In a statement on Tuesday, the company reported its financial performance for the July-September 2024 quarter, stating it achieved a 15 per cent year-on-year increase in Gross Written Premium (GWP), rising to Rs 861 crore from Rs 750 crore in the same quarter of the previous financial year.

The Economic Times Quess Corp receives ₹180 Crore tax demand for non-filing of IT Returns

The Income Tax Department slapped a demand notice of ₹180.05 crore on Quess Corp Limited. The notice pertains to E-NXT, a company Quess Corp says ceased to exist in 2015. Quess Corp is challenging the notice, stating E-NXT merged with TBSS/Conneqt in 2014. TBSS/Conneqt has filed combined tax returns since 2015-16 and received no demands.

The Economic Times Virtual hearings must for CESTAT appeals

​​Exceptions to physical hearings will be allowed only upon specific requests from the party concerned, with the adjudicating authority documenting reasons in writing, said a directive issued by the CBIC on Tuesday evening.

The Economic Times Businesses with turnover over Rs 10 cr cannot report e-invoices older than 30 days from April 1, 2025

Starting April 1, 2025, businesses with an annual turnover exceeding ₹10 crore will face a 30-day limit for reporting e-invoices on the GST system. This change aims to prevent late tax payments and streamline the tax ecosystem. Previously, this restriction only applied to businesses with turnovers exceeding ₹100 crore.

The Economic Times Tax officers detect Rs 25K cr GST evasion by 18,000 bogus firms

Tax authorities have uncovered approximately 18,000 fraudulent companies registered under GST, resulting in an estimated tax evasion of Rs 25,000 crore. These fictitious entities were identified during a nationwide crackdown on fake GST registrations, with voluntary payments of Rs 70 crore collected during the operation.

The Economic Times India’s festive sales growth halves this season amid mixed demand trends

Retail sales, estimated by the Confederation of All India Traders (CAIT), hit Rs 4.25 trillion, representing a 13.3% growth, which remains strong but is markedly slower than the 36.4% growth recorded in 2023.

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